Common use of Notice of Default or Material Adverse Change Clause in Contracts

Notice of Default or Material Adverse Change. Each Borrower shall provide to the Administrative Agent prompt notice of any Material Adverse Change, Default or Event of Default of which it is aware, setting forth its details and the action taken or to be taken to remedy it.

Appears in 2 contracts

Samples: Credit Agreement (Quebecor Media Inc), Credit Agreement (Quebecor Media Inc)

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Notice of Default or Material Adverse Change. Each The Borrower shall provide to the Administrative Agent prompt written notice of any Material Adverse Change, Default or Event of Default of which it is aware, setting forth its details and the action taken or to be taken to remedy it.

Appears in 2 contracts

Samples: Credit Agreement (Tricon Residential Inc.), Credit Agreement (Tricon Residential Inc.)

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